Boston Properties (BXP) Receiving Somewhat Positive Media Coverage, Analysis Finds
News stories about Boston Properties (NYSE:BXP) have been trending somewhat positive on Thursday, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Boston Properties earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.6933322713406 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Canada Goose swooping into Boston with new retail store (finance.yahoo.com)
- See what the IHS Markit Score report has to say about Boston Properties Inc. (finance.yahoo.com)
- BOSTON PROPERTIES : Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q) (4-traders.com)
- Boston Properties, Inc. (BXP) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Sumitomo Mitsui Trust Holdings, Inc. Increases Its Investment in Boston Properties, Inc. (BXP) Last Quarter (highlightpress.com)
A number of analysts have issued reports on BXP shares. Evercore ISI reaffirmed an “in-line” rating and issued a $133.00 price objective (down previously from $138.00) on shares of Boston Properties in a research note on Friday, April 28th. Barclays PLC reduced their price objective on Boston Properties from $141.00 to $137.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a $127.00 price objective on shares of Boston Properties in a research note on Thursday, June 22nd. Zacks Investment Research downgraded Boston Properties from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Finally, TheStreet downgraded Boston Properties from a “b-” rating to a “c” rating in a research note on Wednesday, May 17th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $136.33.
Boston Properties (NYSE BXP) traded down 0.33% during trading on Thursday, hitting $121.27. The stock had a trading volume of 555,182 shares. The company’s 50 day moving average is $121.73 and its 200-day moving average is $127.84. Boston Properties has a 12 month low of $113.69 and a 12 month high of $143.94. The company has a market cap of $18.71 billion, a PE ratio of 41.11 and a beta of 0.64.
Boston Properties (NYSE:BXP) last posted its quarterly earnings results on Tuesday, August 1st. The real estate investment trust reported $1.67 EPS for the quarter, beating the consensus estimate of $1.62 by $0.05. Boston Properties had a return on equity of 5.98% and a net margin of 18.18%. The firm had revenue of $656.90 million during the quarter, compared to analysts’ expectations of $645.96 million. During the same quarter last year, the firm earned $1.44 earnings per share. The business’s revenue for the quarter was up 5.4% on a year-over-year basis. On average, equities research analysts predict that Boston Properties will post $2.78 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Friday, June 30th were issued a $0.75 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $3.00 annualized dividend and a dividend yield of 2.47%. Boston Properties’s dividend payout ratio is presently 102.04%.
TRADEMARK VIOLATION WARNING: “Boston Properties (BXP) Receiving Somewhat Positive Media Coverage, Analysis Finds” was first published by Watch List News and is the property of of Watch List News. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/boston-properties-bxp-receiving-somewhat-positive-media-coverage-analysis-finds/1470415.html.
About Boston Properties
Boston Properties, Inc is a real estate investment trust. The Company is an owner and developer of office properties in the United States. Its segments by geographic area are Boston, New York, San Francisco and Washington, DC. Its segments by property type include Office, Residential and Hotel. As of December 31, 2016, the Company owned or had interests in 174 commercial real estate properties, aggregating approximately 47.7 million net rentable square feet of primarily Class A office properties, including eight properties under construction/redevelopment totaling approximately 4.0 million net rentable square feet.
Receive News & Ratings for Boston Properties Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Boston Properties Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.